On 6 November, SCO Secretary-General Vladimir Norov met with Qin Shubin, Vice-Director of the Chongqing Liangjiang New Area Administrative Committee, during a working trip to Shanghai.
Vladimir Norov noted that the Multifunctional Trade and Economic Platform for the SCO Countries located in the Liangjiang new area region meets the needs of multilateral cooperation within the SCO. According to him, the new platform can play an important role in creating a successful development model for regional trade, investment cooperation, cultural and humanitarian exchanges between the countries, cities and regions within the SCO.
Qin Shubin highlighted the strong industrial advantages of the new area in transport logistics and digital innovation. He pledged further support on the part of the regional authorities, for the platform's development and the provision of high-quality, cost-effective and convenient services to China's trade partners from the SCO countries.
The parties also considered ways to promote further collaboration to enhance business activities across the SCO.
On 24 August 2019, representatives of the Chongqing Liangjiang New Area Administrative Committee, the SCO Business Council Secretariat and Chongqing Heqing Industrial Group Co signed an agreement on establishing the Multifunctional Trade and Economic Platform for the SCO Countries. The project is aimed at enhancing trade, economic and investment ties, cultural and tourist exchanges between the SCO countries, including through the direct involvement of national governments, business associations, state and private companies.